GWN Securities Inc. Purchases New Shares in Sprott Physical Silver Trust (NYSEARCA:PSLV)

GWN Securities Inc. purchased a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 18,663 shares of the exchange traded fund’s stock, valued at approximately $192,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in shares of Sprott Physical Silver Trust by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 816,036 shares of the exchange traded fund’s stock worth $7,875,000 after purchasing an additional 17,929 shares in the last quarter. VanWeelden Wealth Management LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth about $228,000. Fore Capital LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth about $2,316,000. Avantax Advisory Services Inc. raised its stake in shares of Sprott Physical Silver Trust by 59.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 20,835 shares of the exchange traded fund’s stock worth $201,000 after purchasing an additional 7,774 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Sprott Physical Silver Trust by 84.0% during the 4th quarter. Farther Finance Advisors LLC now owns 40,385 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 18,432 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $11.61 on Wednesday. The business’s 50-day simple moving average is $10.72 and its 200-day simple moving average is $10.52. Sprott Physical Silver Trust has a 52 week low of $8.12 and a 52 week high of $11.77.

Sprott Physical Silver Trust Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.